211 Sturgis N St, Mankato, MN 56001-1824
This 5,670-square-foot industrial shop, located at 211 N Sturgis, offers a fantastic opportunity for businesses seeking a versatile and well-maintained space. Built in 2001, this Class C property sits on a 1.14-acre lot (APN: R500814401012) in Blue Earth County. The entire building is currently vacant, providing immediate occupancy for a new tenant. The shop features a modern, spacious interior with an open floor plan, ideal for various industrial uses. Three 16-foot-tall garage doors, each equipped with electric openers, ensure easy access for large vehicles and equipment. Additional features include a convenient in-floor self-contained drain system, ample parking, and a 0.778-acre gravel outdoor area. The interior boasts two offices, one bathroom, forced air vents, instant hot water heaters, and security cameras. The building also includes three standard 7-foot-tall doors. The property is conveniently located off Highway 169, providing excellent accessibility. Fencing is present along three sides of the property. Note that the building does not have air conditioning, and heating is provided by radiant heat. This move-in ready property presents a compelling opportunity for businesses seeking a functional and well-located industrial space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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